VN policies to speed development of 5G network

The Ministry of Information and Communications is encouraging the development of broadband infrastructure to complete the 4G network and begin work on 5G as early as possible to enhance the performance of the Internet of Things (IoT). This goal was stressed by Deputy Minister of Information and Communications Phan Tam at the Viet Nam ICT Investment Forum 2018, which opened on Thursday in Ha Noi. The forum highlighted the importance of digital connectivity infrastructure in the Fourth Industrial Revolution. It also focused on next-generation mobile technology, internet security and strategies to enhance co-operation between Southeast Asian countries. Tam said the Fourth Industrial Revolution is causing unprecedented changes, leading to the emergence of new business models and production methods. “We are witnessing a powerful industrial transition. There will be opportunities to make breakthroughs,” Tam said. He stressed that, in the context of these global changes, Viet Nam’s Government is determined to develop forward-thinking policies. The ministry has proposed policy incentives that would boost the digital transition. The incentives firstly aim to encourage the completion of the 4G network and then quickly move on to 5G to prepare for the Internet of Things. According to Tran Tuan Anh from Viet Nam Telecommunications Authority, 5G networks are the future of the telecommunications world. Viet Nam’s advanced mobile networks reach about 96 per cent of the population, providing 51.2 million users with 3G coverage and 13 million with 4G. Viettel holds a 51.5 per cent share of the broadband market, followed by VNPT with… [Read full story]